Former Top Wall Street Regulator Takes Job Defending Firms

The man who once served as the Obama administration’s lead enforcer on Wall Street malfeasance has taken a job defending the firms he once regulated.

The New York Times reports Robert Khuzami, who left his post as enforcement head of the Securities and Exchange Commission earlier this year, has accepted a job at Kirkland and Ellis, one of the country’s largest corporate law firms. He is expected to earn more than $5 million a year.
 

Republished with permission from: Common Dreams